Chapter 7 Flashcards
raw, unorganized facts that can be moved and stored
Data
An electronic filing system that collects and organizes data and information
Database
The methods and equipment that provide information about all aspects of a firm’s operations
(MIS) Management Information Systems
An information system that handles a firm’s daily business operations; the system receives and organizes raw data from internal and external sources and then prepares this data for storage in a company’s database
TPS- Transaction Processing Systems
The hub for all of a company’s data
Internal Database
Software that allows businesses to quickly and easily enter, store, organize, select, and retrieve data in a database
DBMS- Database management systems
The term for collecting data over some period of time and processing them together
Batch Processing
The term for processing data in real-time as it becomes available
Online/real-time processing
An information system using an internal database to perform high-level analyses that help managers make better decisions
MSS- management support systems
An information technology that combines many databases across an entire company into one central database that supports management decision-making
Data warehouse
Specialized subsets of a data warehouse dealing with a particular type of data
Data Mart
A management support system that uses interactive computer models describing real-world processes to help managers make better decisions
DSS-Decision Support Systems
A management support system that is customized for an individual executive; provides specific information for strategic decisions
Executive Information System
A management support system that gives managers advice comparable to what a hired human consultant
Expert system
The process of researching, gathering, organizing, and sharing an organization’s collective knowledge to improve productivity, foster innovation, and gain competitive advantage
Knowledge management
An executive who is in charge of using an interdisciplinary approach to coordinate an organization’s knowledge
Chief Knowledge Officer
When individuals knowingly provide personal data with the expectation that their information will not be shared without their permission
Confidentiality
When someone who shouldn’t be accessing particular data finds a way to access it
Unauthorized access
The duplication of copyrighted software programs, games, and movies by people who haven’t paid for them
Piracy
Software designed to operate in a malicious, undesirable manner
Malware
A computer program that copies itself into other software and can spread to other computer systems
Computer Virus
A malware computer program that can self-replicate and spread to other computers
Computer worm
Programs that appear to be harmless and from legitimate sources but trick the user into installing them
Trojan Horse
A malware attack that holds the data of a computer user for ransom, usually requiring or claiming to require payment to restore access
Ransomware
Unsolicited bulk electronic messages
Spam
The use of sophisticated database applications that look for hidden patterns in a group of data to help track and predict future behavior
Data mining
The equipment and techniques used to manage and process information
IT information technology
An executive who is in charge of the technical affairs of a business and is responsible for managing information resources
CIO chief information officer
People who contribute to and benefit from the data used within an organization to acquire, analyze, and market information
Knowledge workers
The process by which technology replaces tasks typically performed by humans without the need for human engagement or intervention
Automation
Technology designed to mimic the decision-making process of humans
AI
The process through which a computer learns from data, recognizing patterns and updating its understanding of the world as existing models are tested and new information/data is obtained
Machine learning
